Specialization in Strategy and Organizational Design

Third, and finally, PhD candidates studying for their degree in strategy will attend courses/seminars offered by the subject area itself. At present, we foresee that we will over the following specializations on a regular basis (i.e. each topic will be offered at least once every three semesters). We expect that PhD candidates will participate in three out of the four courses over their time with us.

Simulation Methods for Strategy and Organizational Design (SMSO)

Prerequisites for attendance:

• Enrollment in the PhD program of management

• Enrollment in the PhD specialization “strategic management”

• Successful attendance of MDM, MC, SC

Contents:

Computational modeling is an increasingly significant approach to theory development in management and economics. In general, simulations are commonly used for studying adaptive and evolutionary dynamics. However, they also have proven useful for the study of discrete dynamics as approximations to closed-form solutions. Simulations are also valuable for the numerical analysis of intractable analytical problems.

The Ph.D. course offers an introduction to computational methods and simulation models in management. It aims to introduce students to the basics of computational modeling, to give an overview of canonical simulation models and to discuss the potential and limitations of simulation models for management research. The main focus is on the discussion of original research. No prior programming experience is required for the course.